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RIM REVERSAL
In a bid to reverse the steep drop in its stock price, Research in Motion, maker of the BlackBerry smartphone, will spend up to $1.2 billion to buy back its stock. RIM’s stock has fallen about a third since September on disappointing earnings and competition from the Apple iPhone, Palm Pre and other smartphones.
THE BOOKSHELF
“Making a Living Without a Job,” Barbara J. Winter (Bantam)
This book’s advice could help the millions of people out of work right now — and the millions more who are looking for something more fulfilling than their current jobs. It first appeared in 1993, offering easy-to-read advice and lots of exercises and practical checklists. This revision keeps all that and adds material on how to use the Internet to open doors and add revenue sources to any business that’s already up and running.
WHAT’S HOT
The latest best-selling business hardcover books as tabulated by The New York Times:
1. “Outliers,” Malcolm Gladwell (Little Brown)
2. “SuperFreakonomics,” Steven D. Levitt, Stephen J. Dubner (Morrow/HarperCollins)
3. “Jim Cramer’s Getting Back to Even,” James J. Cramer, Cliff Mason (Simon & Schuster)
4. “Too Big to Fail” Andrew Ross Sorkin (Viking)
5. “Crush It!” Gary Vaynerchuk (HarperStudio/HarperCollins)
6. “What Americans Really Want … Really,” Frank I. Luntz (Hyperion)
7. “The Total Money Makeover,” Dave Ramsey (Thomas Nelson)
8. “The 50th Law,” 50 Cent, Robert Greene (HarperStudio/HarperCollins)
9. “The Trump Card,” Ivanka Trump (Touchstone)
10. “The Healing of America,” T.R. Reid (Penguin Press)
LOOKING BACK
Ten years ago in Business, the week of Nov. 10:
•President Bill Clinton signs into law a bill that repeals the Glass-Steagall Act, the Depression era law that erected barriers between banks, brokerages and insurance companies.
•Federal regulators are unlikely to approve the $129 billion Sprint-MCI WorldCom merger, sources say, because they view it as a severe blow to long distance competition.
•The on-again, off-again Britannica.com is accessible again to the hordes of Internet users who brought it crashing down shortly after its debut a month earlier.
| Greg Hack, ghack@kcstar.com
@Nyx.CommentBody@